In a year of profound uncertainty, Scotland’s cities displayed impressive resilience across both the residential and commercial property markets. And as the pandemic recedes, many continue to be at the forefront of exciting trends around sustainability, regeneration and repurposing.

Aberdeen, the historic centre of Scotland’s oil industry, has taken great strides to reinvent itself as one of Europe’s clean energy capitals. Meanwhile, in Glasgow and Edinburgh, inventive schemes are helping transform legacy buildings into vibrant assets for 21st-century living, as a shake-up of planning laws seeks to address challenges around affordable housing.

We will be discussing what the future holds for Scottish cities – and what support will they need to unlock their potential?

Speakers

Sheelagh Cooley, partner, Shoosmiths

Cooley is a partner in Shoosmiths’ Edinburgh office who specialises in real estate finance, acting for many financial institutions and lenders as well as providing advice to borrowers on their funding requirements and associated documentation. She also undertakes a range of real estate work such as acquisitions, disposals, all aspects of leasing work, and has significant experience of acting on large portfolio and multi-jurisdictional finance work. Cooley is also regularly involved with insolvency and restructuring, acting for a range of insolvency practitioners and banks, reviewing security packages and advising on real estate strategy and disposals.

Barry McKeown, partner and head of office, Shoosmiths

McKeown heads up Shoosmiths’ Glasgow office and is a real estate lawyer known for his proactivity in project-managing multi-disciplinary deals on behalf of his clients. He has broad expertise in all areas of real estate across the UK, with a particular focus on the commercial development and investment markets, residential development and housebuilding, as well as renewable energy. He has led on many high-profile BTR deals over the past few years, including a REIT listing, which have delivered several thousand housing units across the UK. McKeown also has a particular specialism in Sharia’h-compliant deal structuring and lending acting for a number of UHNW Middle East investors and family offices investing in UK property.

Claire Herriot, associate director, Savills

Herriot has spent the past 10 years working in the commercial property market within the energy economy in Aberdeen. She joined Savills in 2018 and specialises in the industrial sector, providing advice on disposals and acquisitions in the North East. The Aberdeen market has undoubtedly experienced a change in terms of the nature of occupational demand and is currently in the process of building its reputation as a renewable energy hub. Herriot’s expertise and in-depth knowledge of the local market means she can advise a range of clients on industrial development, sales and leasing transactions.

Danielle Corker, associate director, Savills

Corker joined Savills in 2013 and is an associate director in the Edinburgh development team. She specialises in the acquisition and disposal of residential development land and property as well as providing development consultancy to a range of clients covering pricing, appraisals and feasibility studies.  

Ross Jubin, investment and development consultant, Scarborough Group

Jubin is a chartered surveyor with more than 10 years’ experience in the commercial real estate market. He has experience across the transactional, development and asset management sectors. Jubin has previously advised a broad range of clients within Ryden and Cushman & Wakefield, and in 2018 he established EGM Property Consultants, through which he continues to provide Scarborough Group with development and consultancy advice across its Scottish portfolio.

Claire Monaghan, partner, RSM

Monaghan is responsible for leading RSM’s corporate audit portfolio in Edinburgh. She also heads up RSM’s real estate and construction team across Scotland and Northern Ireland. The group provides a range of advice to investors, developers, funds, family offices and construction businesses. Alongside this, Monaghan acts for a number of hotel groups and has a wealth of experience in infrastructure, advising a number of PFIs. She also acts for a number of UK subsidiaries with international parents and is responsible for the international relationship and overseeing the group audit reporting.

Samantha McClary, editor, EG

McClary has almost 20 years’ experience in real estate and business journalism, covering a wide range of topics. Alongside making sure EG delivers the best, most helpful, most accurate and, of course, most interesting content to EG’s readership across all platforms – print, online and audio – she also plays a leading role in enabling and delivering a more diverse environment for the real estate community through EG’s REWIRE and tech initiatives. A keen chair and regular wearer of too bright trousers, McClary seeks to help keep panel discussions and events lively with audience participation and insightful questioning.

The Future of Scottish Cities

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